FE Report
Delta Hospital organised a road-show on Thursday as part of the process of its going public under book-building method.
The road-show was held at a city hotel in presence of a number of stakeholders of the capital market.
According to the company's IPO (initial public offering) prospectus, Delta Hospital will raise Tk 500 million funds.
Of the amount, Tk 310.90 million will be used for purchasing machineries, whereas Tk 166.60 million and Tk 22.50 million will be used to repay bank loans and bear IPO costs respectively.
As per the company's financial statement for the year ending on June 30, 2016, its earnings per share (EPS) and net asset value (NAV) per share are Tk 1.88 and Tk 40 respectively.
"An expansion of Delta Hospital is required to meet patients' demands. Financial capacity of the hospital should also be enhanced," Delta Hospital chairman Mir Amzad Hossain told the road-show.
He expressed optimism to issue proper dividends to the company's shareholders by ensuring professionalism (in operating the hospital).
Delta Hospital managing director Sayed Mokarrom Ali was also present on the occasion, among others.
mufazzal.fe@gmail.com
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